Articles by Editor

MONTREAL, Oct. 23, 2020 /CNW/ – Turquoise Hill Resources Ltd. …read more […]

Earlier Friday morning, it was reported that Tesla Inc (NASDAQ: TSLA) would be recalling 30,000 Model S and X vehicles in China. This was due to suspension issues and was being forced by the Chinese government. Now, a letter obtained by Electrek shows Tesla thinks there is no defect, and no recall is needed.The letter is from Elizabeth H. Mykytiuk, Tesla’s managing counsel for regulatory affairs, shows Tesla didn’t think the recall was necessary, but it was the easier choice when compared with battling through China’s regulatory body that asked for the recall.”Due to the opinion of SAMR/DPAC that the …read more […]

Shares of Intel fell 10% on Friday, a day after reporting disappointing third-quarter results. Jared Blikre breaks down the stock’s price action, and discusses what the state of chipmaker means for the rest of the industry. …read more […]

The days of Exxon Mobil Corporation (NYSE: XOM) being the most valuable energy company in the U.S. are over, with the newer NextEra Energy Inc (NYSE: NEE) passing the oil giant’s market capitalization.ExxonMobil was also recently passed by rival Chevron (NYSE: CVX) as America’s most valuable oil company.This marked the first time ExxonMobil has lost that title dating back to its days as Standard Oil Co. a century ago.About ExxonMobil: ExxonMobil is one of the largest oil companies in the world and owner of brands like Exxon, Mobil, Esso and XTO.At the end of 2019, Exxon Mobil had 8,728 million …read more […]

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(Bloomberg) — Intel Corp.’s biggest critics on Wall Street didn’t get a chance to question executives on its recent earnings conference call, a sign of mounting pressure on the chipmaker and its leadership.Intel stock plunged as much as 12% Friday following a report that detailed a drop in profitable data center chip demand and falling overall profitability. That follows a 16% share slump after its second-quarter results three months ago.The world’s largest chipmaker is at the center of a debate about its future, one that its detractors are winning. They argue that multiyear delays in introducing new manufacturing technology has …read more […]

We’ve all heard ad nauseam about the health crisis and economic crisis that is COVID-19.
This hurt brick-and-mortar retailers, for-profit schools, travel companies and movie theaters, while simultaneously boosting sales and earnings for e-commerce leaders (like Amazon), remote learning companies (like Chegg), teleconferencing firms (like Zoom) and digital entertainment providers (like Netflix).
Virtually every company has increased its transition to digitalization over the last few months. That reduces costs, raises margins and increases profits.
But there is an enormous opportunity in the pandemic, upside that many investors – thanks to relentless downbeat news coverage – still don’t recognize.
We all know the big negatives…
In …read more […]

Yahoo Finance’s Emily McCormick joins Akiko Fujita to break down Intel’s third-quarter earnings report. …read more […]

(Bloomberg) — Venezuelan crude inventories have surged 84% over the last three weeks as the threat of U.S. sanctions ward away buyers of the nation’s most important commodity. That raises the risk that state-run PDVSA will have to start shutting in production again, and is the latest sign that Venezuela’s oil industry is on the verge of collapse.The port of Jose, the main gateway of the country’s oil exports, has been empty for a week as importers of Venezuelan crude including India’s Reliance Industries Ltd, Spain’s Repsol SA and Italy’s Eni SpA skipped oil purchases this month, according to internal …read more […]

Every investor in Micron Technology, Inc. (NASDAQ:MU) should be aware of the most powerful shareholder groups… …read more […]

Volatility trading strategies are, as the name suggests, strategies you can use to profit from volatility trading, which is different from traditional trading.
In conventional investing, when an investor buys a stock, it very much matters which direction the stock price goes. If the price goes up, they will make money, and if it goes down, they will lose money. The opposite is true in short selling. When you short sell a stock, you make money when the price goes down and you lose money when the price goes up.
Volatility trading can be different because when you trade on volatility with …read more […]

U.S. safety regulators have known about U.S. built Tesla suspension issues since at least 2016 but never took action. …read more […]

With less than two weeks to go before the U.S. presidential election, investors may be placing too much confidence in a decisive win by Democratic challenger Joe Biden as his lead in opinion polls narrows. Market participants have in recent weeks pulled back from bets that would benefit from election-related volatility while piling into assets that would benefit from a Biden win, including alternative energy shares and cannabis stocks. As Biden’s lead has narrowed in recent days, some market watchers worry that an unexpected victory by President Donald Trump, a Republican, or an uncertain election outcome could force …read more […]

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously… …read more […]

Yahoo Finance’s Anjalee Khemlani reports on the latest news in the approval of Remdesivir. …read more […]